$695,000
$725,000
4.1%For more information regarding the value of a property, please contact us for a free consultation.
7,500 SqFt
SOLD DATE : 04/14/2021
Key Details
Sold Price $695,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 7,500 sqft
Price per Sqft $92
MLS Listing ID PABK374250
Sold Date 04/14/21
HOA Y/N N
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $8,309
Tax Year 2021
Lot Size 0.550 Acres
Acres 0.55
Lot Dimensions 0.00 x 0.00
Property Description
2101 Main Street and 124 Plum Alley. This suburban/rural 9 unit is in EXCELLENT condition and has been well maintained by a very conscientious landlord! Located in Centerport Borough (Schuylkill Valley S.D.). There are 3 one bedroom units and 6 two bedroom units. All units are very spacious and easy to rent. The occupancy rate has averaged over 98%. All leases are month to month. Each apartment has electric heat and is serviced by it's own electric hot water heater. (8 of the 9 water heaters have been replaced within the last 18 months.) The roof is only 10 years old. Public sewer and on-site water contribute to minimal owner expenses. Total income is $76,020 and could easily be increased to over $83,000. Total expenses are $26,909. These numbers make for a great suburban cap rate. If you are a serious investor, do not miss this rare opportunity to add an outstanding property to your investment portfolio. Properties like this do not become available very often so act now while interest rates are still low. Call John Tomaszowski @ 610-451-1804 for more details and to schedule your private showing. 48 hour notice required. Listing agent must accompany all showings.
Location
State PA
County Berks
Area Centerport Boro (10237)
Zoning VILLAGE CENTER, MIXED USE
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Window Unit(s)
Flooring Carpet, Ceramic Tile, Fully Carpeted, Hardwood, Vinyl
Equipment None
Heat Source Electric
Exterior
Garage Spaces 10.0
Utilities Available Cable TV Available, Electric Available, Phone Available, Sewer Available
Water Access N
View Creek/Stream, Street, Trees/Woods
Roof Type Unknown
Street Surface Black Top,Paved
Accessibility None
Road Frontage Boro/Township
Total Parking Spaces 10
Garage N
Building
Lot Description Corner, Irregular, Level, Open, Rear Yard, SideYard(s)
Foundation Stone
Sewer Public Sewer
Water Well
New Construction N
Schools
School District Schuylkill Valley
Others
Tax ID 37-4482-14-44-4608
Ownership Fee Simple
SqFt Source Estimated
Security Features Carbon Monoxide Detector(s),Smoke Detector
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Deb Bensinger • RE/MAX Of Reading
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